republicans want tax cuts to stay where they are. president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts. so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stand in recess. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> i am andrew spencer reporting. >> the time is 4:30. we will follow the fiscal cliff. lawmakers will meet in about three and one-half hours 8:00 a.m. our time. we will give you more during the kron 4 morning news. we will take it to erica was calling the weather and traffic. good morning erica. >> good morning will. is the last day of 2012 and a clear start to the morning. a lot of people have the day off. it is cold out there. we have frost developing. in some locations actually will drop into the mid-20s. that is reserved for the protective valley. it is cold out there and we are not at your morning l